Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Henan Tianma New Material CoBJSE:920971 77 ROA % is 3.69% as of Mar. 2026, which is 62% below its 10-year median of 9.82. GuruFocus rates BJSE:920971 with a GF Score™ of 77/100 and a GF Value™ of ¥33.64 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,616 Chemicals companies, Henan Tianma New Material Co ranks better than 77.97% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Henan Tianma New Material Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ¥21.1 Mil.
Henan Tianma New Material Co's average Total Assets over the quarter that ended in Mar. 2026 was ¥572.5 Mil. Therefore, Henan Tianma New Material Co's annualized ROA % for the quarter that ended in Mar. 2026 was 3.69%.
The historical rank and industry rank for Henan Tianma New Material Co's ROA % or its related term are showing as below:
BJSE:920971'
s ROA % Range Over the Past 10 Years
Min: 2.43 Med: 9.82 Max: 27.81
Current: 7.66
During the past 12 years, Henan Tianma New Material Co's highest ROA % was 27.81%. The lowest was 2.43%. And the median was 9.82%.
BJSE:920971's ROA % is ranked better than 77.97% of 1616
companies
in the Chemicals industry
Industry Median: 3.22
vs BJSE:920971: 7.66
Henan Tianma New Material Co (BJSE:920971) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Henan Tianma New Material Co ROA % Related Terms
Henan Tianma New Material Co ROA % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Specialty Chemicals subindustry, Henan Tianma New Material Co's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Henan Tianma New Material Co ROA % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Henan Tianma New Material Co's ROA % distribution charts can be found below:
* The bar in red indicates where Henan Tianma New Material Co's ROA % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Henan Tianma New Material Co (BJSE:920971) has a ROA % of 3.69% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Henan Tianma New Material Co and its competitors. This is 62% below median its historical median of 9.82. Over the past decade, Henan Tianma New Material Co's ROA % has ranged from 2.43 to 27.81. According to the industry distribution chart, Henan Tianma New Material Co ranks #356 out of 1616 companies in the Chemicals industry, placing it in the top 22%.
Is Henan Tianma New Material Co's ROA % too high?
Henan Tianma New Material Co's current ROA % of 3.69% is 62% below median its 10-year median of 9.82. Over the past 10 years, this metric has ranged from a low of 2.43 to a high of 27.81. The Chemicals industry median ROA % is 3.22. Henan Tianma New Material Co's value of 3.69% is 14.6% above this industry median. Based on the distribution chart, Henan Tianma New Material Co ranks #356 out of 1616 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Henan Tianma New Material Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Henan Tianma New Material Co's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Henan Tianma New Material Co ranks #356 out of 1616 companies for ROA %. This places Henan Tianma New Material Co in the top 22% of its industry — outperforming the majority of peers. The industry median ROA % is 3.22. Henan Tianma New Material Co's value of 3.69% is 14.6% above this benchmark. Historically, Henan Tianma New Material Co's own ROA % has ranged from 2.43 to 27.81 over the past decade. While the company's 10-year median is 9.82 vs. the industry median of 3.22, Henan Tianma New Material Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Chemicals company?
The median ROA % among Chemicals companies is 3.22, based on 1,616 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Henan Tianma New Material Co's current ROA % of 3.69% is 14.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Henan Tianma New Material Co and its competitors. For the Chemicals industry, the median ROA % is 3.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Henan Tianma New Material Co's current ROA % is 3.69%, which is 62% below median its own 10-year median of 9.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Tianma New Material Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Tianma New Material Co (BJSE:920971) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥33.64, compared to a current price of ¥26.15 — trading 22.3% below its estimated fair value. The current ROA % is 3.69%, which is 62% below median its 10-year median of 9.82 and 14.6% above the Chemicals industry median of 3.22. Henan Tianma New Material Co's overall GF Score™ is 77/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Henan Tianma New Material Co (BJSE:920971), the current ROA % is 3.69% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Henan Tianma New Material Co (BJSE:920971) Overvalued in 2026?
Based on GuruFocus' analysis, Henan Tianma New Material Co stock appears to be undervalued.
The current stock price of ¥26.15 is trading 22.3% below its estimated GF Value™ of ¥33.64.
GuruFocus considers Henan Tianma New Material Co to be Modestly Undervalued.
Key valuation signals for BJSE:920971:
ROA %: 3.69% (62% below median its 10-year median of 9.82)
GF Value™: ¥33.64 vs. price of ¥26.15 (22.3% below fair value)
Industry Position: 14.6% above the Chemicals median (#356 of 1616)
No single metric tells the full story. See the BJSE:920971 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Henan Tianma New Material Co Ltd is engaged in the production and sales of high-performance fine alumina powder. The company's main products are for electronic ceramics, high-voltage electrical appliances, electronic and photovoltaic glass, lithium battery separators, and grinding and polishing applications.
77GF Score
Get the complete analysis for BJSE:920971
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BJSE:920971 has been successfully added to your 
